Business

Customers who fail to maintain the monthly average balance have to pay a penalty to the bank.

Regular savings bank accounts, which do not permit the customer to keep a zero balance, require customers to maintain a certain minimum average balance (MAB) every month. Leading public sector banks State Bank of India (SBI) and Punjab National Bank (PNB),

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Government allowed revision of petrol, diesel rates on a daily basis since mid-June last year.

Oil Marketing Companies (OMCs) raised the prices of petrol and diesel across the nation for the third straight day on Saturday. According to the rate chart of IOC (Indian Oil Corporation), petrol is now being sold at Rs.76.70 per litre in Delhi and Rs.

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Reliance and its partners filed an arbitration notice against the government in November 2016.

NEW DELHI: The government will appeal against a ruling by an international tribunal in favour of Reliance Industries Ltd and its international partners in a dispute over gas migration from fields operated by state-owned Oil and Natural Gas Corp Ltd.

"We

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The next meeting of the GST Council will be held on September 28-29 in Goa.

New Delhi: States will roll out on pilot basis incentives for digital transactions through RuPay card and BHIM app under the GST, Finance Minister Piyush Goyal said today. The GST Council, chaired by Goyal, in its meeting here today also decided to set up a Group of

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New Delhi: Adani Group has won a license to sell gas in 11 cities for households and vehicle use - the Petroleum and Natural Gas Board (PNGRB) said in a statement on Friday.

Adani Gas will sell gas on its own in six cities and in a joint venture with Indian Oil Corp in five cities, gas regulator PNGRB said.

Indian Oil Corp will sell compressed

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GoAir's new promotional offer is valid till August 4, 2018.

GoAir airline is offering domestic flight tickets at a starting all-inclusive price of Rs 1,335 on select routes under its special 'Rakhi Offer', said the carrier in a tweet posted on it's official handle. GoAir's new promotional offer is valid till August 4, 2018. According to the

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Some fixed deposits offer premature withdrawal facility while some require a compulsory lock-in period.

Fixed deposits (FDs) are secure financial instruments, which offer guaranteed returns. FD interest rates vary according to the tenure of the fixed deposit and across banks. In a fixed deposit account, money is deposited for a specific time, which

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Cheque bounce charges levied by SBI, ICICI Bank and HDFC Bank are subject to GST.

Many a times it so happens that if you draw a cheque in favour of someone, the cheque gets bounced for one reason or another. Most banks today levy certain charges from their customers in case a cheque bounce occurs. These charges towards a cheque bounce vary from one

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Post office fixed deposit interest rate varies according to tenures varying up to 5 years.

SBI or State Bank of India, the largest lender of the country, recently hiked its fixed deposit or FD interest rates across various maturities. The recent hike in interest rate for fixed deposit in SBI came just two days before the repo rate was hiked to 6.50

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ATM card: Top banks today allow few ATM transactions every month without any charges

Top banks in the country today offer a limited number of ATM transactions free of cost every month. Major banks, from state-run SBI to private sector lenders ICICI Bank and HDFC Bank, have certain rules applicable to their customers for making transactions at ATMs.

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Jio recharge plans: Four recharge packs priced from Rs 149 to Rs 449 offer high speed data of 42-136 GBs

Reliance Jio currently provides a variety of recharge options to its prepaid customers. Priced between Rs 149 and Rs 799, eleven of Reliance Jio recharge plans offer high speed data ranging from 1.5 GBs per day to 5 GBs per day. These Jio plans

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A higher opening of the domestic equity market, capped the rupee's losses today.

The Indian rupee declined by 7 paise to trade at fresh one-week low of 68.77 against the US dollar in early session today, said news agency Press Trust of India (PTI). The fresh fall in Indian currency is due to the increased

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Rising for the second straight day, gold prices gained Rs 65 to reach Rs 30,550 per 10 grams at the bullion market on Saturday on sustained buying by local jewellers amid a firm trend overseas, reported news agency Press Trust of India. Silver followed suit and reclaimed the Rs 39,000-mark by jumping Rs 250 to Rs 39,100 per kg due to increased

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Jet Airways said it has been implementing cost-reduction measures for "desired business efficiencies"

Jet Airways chief executive officer Vinay Dube on Friday dismissed reports about the airline's sustainability. Terming such reports "not only factually incorrect, but also malicious", he said the airline has been implementing several measures to

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Petrol, diesel rates on Friday: Petrol in Delhi is for Rs 76.50/ litre; diesel for Rs 76.50/ litre.

Despite a fall in global crude prices, petrol and diesel prices were raised for the second straight day on Friday, according to Indian Oil Corporation (IOC). One litre of petrol was being sold in New Delhi for Rs 76.50, in Kolkata for Rs 79.42, in

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Under savings account, SBI also offers special salary accounts.

State Bank of India (SBI) offers savings bank account and savings plus account under it's personal banking portfolio. A savings bank account is a basic account that safeguards customer's money and helps them grow. While SBI's Savings Plus Account is a savings bank account linked to

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Sovereign gold remained flat at Rs 24,600 per piece of eight grams.

Shrugging off weak trend overseas, gold prices rose by Rs 50 to Rs 30,485 per 10 grams at the bullion market today, reported news agency Press Trust of India (PTI). According to traders, fresh buying by local jewellers at the domestic spot market led to the retrieval in gold prices

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Stock Market on Friday: Forty-four out of 50 Nifty stocks advanced in trade.

Strong global cues lifted the domestic share markets on Friday, the last trading day of the week. The Sensex opened at 37,327.16 while the Nifty50 at 11,297.80. By 10 am, the Sensex surged 284.37 points or 0.77 per cent to 37,449.53 while the Nifty50 traded at 11,333.55

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The travel period of GoAir's offer ends on December 31, 2018.

GoAir is offering domestic flight tickets at a starting all-inclusive price of Rs. 1,099 on up to 1 million seats under its 'Go Gr8 Festival Sale', said the carrier on it's official website- goair.in. The booking period of GoAir's new promotional offer ends on August 9, 2018. The travel

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For the week, the NSE and BSE indexes were up 0.4 per cent and 0.3 per cent, respectively.

After two days of losses, domestic stock market indices surged on Friday. The S-P BSE Sensex soared 391.00 points, or 1.05 per cent, to close at 37,556.16, marking its biggest single-session gain since May 31, when it had risen 416.27 points. The NSE's

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Rupee-dollar (INR-USD) rate today: The rupee traded in the range of 68.72-68.27 against the US dollar

The rupee could not sustain intraday gains and closed 27 paise lower at 68.70 against the US dollar on Thursday. That marked the lowest closing level for the rupee since July 25. The rupee had hit 68.26, its highest level against the greenback in a

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Jet Airway's offer is applicable on one way and return journey also.

Jet Airways is offering up to 30 per cent discount on flight tickets under it's 'Europe On Sale' scheme, said country's second largest private airline on its website -- jetairways.in. The carrier's discount is applicable on base fare in economy class tickets only. In order to

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IRCTC (Indian Railway Catering And Tourism Corporation) offers concessions on senior citizen tickets in online mode. For offline mode, Indian Railways offers concessions on ticket prices to 53 different categories. This reduction in ticket prices ranges from 25 per cent to 100 per cent and are available for disabled passengers, patients, senior

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ONGC's standalone profit takes into account only the state-run multinational's India operations

Oil and Natural Gas Corp, the country's top explorer, on Thursday reported a lower-than-expected first-quarter standalone profit, hurt by higher expenses. Profit on a standalone basis, which takes into account only the state-run multinational's India

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Post Office TD account can be opened by an individual by cash or cheque.

Post office offers a host of saving schemes with attractive rates of interest. It offers nine different types of saving schemes ranging from Sukanya Samriddhi, which is for girl child, to Senior Citizen Savings Scheme. Post office also offers Post Office Time Deposit Account

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Jet Airways share price declined as much as 9 per cent on Friday, after the airline said it has been implementing cost reduction measures. Jet Airways shares opened lower at Rs 323.90 apiece on the NSE and plunged to Rs 301.10 at the day's lowest level. News agency Reuters reported earlier in the day citing a senior company executive that Jet

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Reliance Jio prepaid recharge pack of Rs 98 offers 2 GB data.

Mukesh Ambani-owned Reliance Jio offers a host of prepaid recharge plans ranging from Rs 19 to Rs 9,999. Reliance Jio's prepaid recharge packs offer 1.5 GB per day data to 5 GB per day high-speed data. However, the data offered by Jio on its recharge packs is unlimited, but after

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IRCTC Online Ticket Booking: E-ticket cannot be cancelled after chart preparation for normal users.

IRCTC (Indian Railway Catering And Tourism Corporation) offers online booking and cancellation of railway tickets. E-Tickets can be cancelled online on IRCTC's official website- irctc.co.in till chart preparation of the train. Cancellations are not

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Shares of Jet Airways were down 4.2 percent at 0600 GMT while the broader market was 0.7 pct higher.

New Delhi: India's biggest full-service carrier Jet Airways Ltd has told its pilots the airline may be grounded in 60 days unless cost-cutting measures including pay cuts are put in place, a senior company executive told Reuters on Friday.

Pilots who

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Users of the Reliance Jio phone - JioPhone - now get a third option for recharging their connection

Users of the 4G-enabled Reliance Jio phone recently got a third telecom tariff plan. Other than Reliance Jio's plans priced at Rs 49 and Rs 153, users of the Reliance Jio phone - called JioPhone - can now subscribe to a plan priced at Rs 99. All

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